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FOMC Preview: Overpromising to Overdelivering
When we look at the trajectory of Fed policy since the onset of the global financial markets crisis of 2008, there has been a clear pattern of the Fed consistently failing to deliver on any guidance that has leaned more to the hawkish side. But that…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 106.535 | EURUSD 1.2244 | AUDUSD 0.76827 | NZDUSD 0.71918 | USDCAD 1.3708 | USDCHF 0.95654 | GBPUSD 1.39986 | LMAX Highs and Lows 6am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.22668 | 1.22419 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 106.543 | 106.411 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.40178 | 1.39985 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.95645 | 0.95471 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.77029 […]
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UK Earnings and FOMC Decision
We get some important updates today, which could easily move markets quite a bit. Initially, UK jobs data is out and the focus will be on the earnings print. Later on we get the highly anticipated FOMC policy decision, in which the Fed is widely expect…